Anthony Fontana
Bad Debt and Credit Loss
When underwriting a commercial property, what is an example of bad debt and what is an example of credit loss (how does this differ from vacancy loss)?Thanks
Michael Mackney
Bookkeeping using property manager monthly statements
Hey everyone. I had a bookkeeping question. Each month, my property manager sends me a monthly statement including any expenses, repairs, rents, etc. And then at the end of the year sends me a 1099.Is there anything ...
Ryan Matt
Mutli family cap Rates and Valuation
I am looking at a 15 unit multi family. All units are 1/1 around 500 sqft. Income is 81,000 per year with expenses of 20,000 per year. Looking for insights on what to offer for a purchase price since this is an off ma...
Vera Herlihy
Rental Property accounting worksheets.
Hello guys! Thanks to all who have helped me on this journey. I am super happy to report that in less than a year of being on BP, my husband and I have purchased our first investment property. As we begin this journey...
Ryan Edwards
County Assessor Value- Could some one please explain
This my be common sense to some but I have a question about the county assessors values.
There are 3 columns on my local CA site. First one is "fair cash", second is "not capped" and third is "assessed". What...
Amit Shukla
How to find areas that are not flooded
Hello Bigger Pocketers!Is there a map to show what areas got affected due to Harvey and which areas did not? If not map, is there way to search by city, zip code or county? There are many houses on sale and instead of...
Jack B.
Giving tenants a move out checklist
I've noticed there are roughly three things that are a common issue when tenants move out. As such today I started sending emails about these items to tenants, starting with the tenant I have moving out now.Carpet/Wal...
Kee Barber
ARV quick question! Am I going crazy or just a little tired!
Little trickery we are sharpening up on our skills, we switched to finding the ARV by using the price per square foot formula, which came to roughly 80k, on this 2bd- 1ba home which is about 530 SF. Which was great we...
Sylvia Herman
Quicken versus Quickbooks
Hi everyone,I am trying to decide what to use to keep track of finances for my rental house.Any advise will be very much appreciated.Thanks.Sylvia
Katherine Thorpe
12 Units why are there no real buyers
https://spreadsheets.google.com/ccc?key=0AkOPK8bktYmWdFRTaG15c2RPbXN2WHF1N2J5WDZYMUE&hl=en
here are the propeties that are currently siting in escrow waiting for a buyer to come up with $295,635. why is there no ...